Insights

Here are the 3 most traded ASX 200 shares on Thursday

We take a look at the most traded shares by volume so far today.
The post Here are the 3 most traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia. –

The S&P/ASX 200 Index (ASX: XJO) has thrown off the shackles so far this Thursday and is decisively climbing higher.

At the time of writing, the ASX 200 has risen by a healthy 0.95% and is now back above 6,880 points.

But let’s dig deeper into these share market gains and check out the ASX 200 shares currently at the top of the market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Pilbara Minerals Ltd (ASX: PLS)

Our first ASX 200 share up today is lithium stock Pilbara Minerals. This Thursday has seen a sizeable 15.87 million Pilbara shares fly around the ASX boards. This is almost certianly a result of the share price movements we have seen with the company.

At present, the Pilbara share price has risen by an eye-catching 5.45% at $2.71 a share. There hasn’t been any news from Pilbara. However, as my Fool colleague James covered earlier, broker Citi has come out with a new buy recommendation for Pilbara, complete with a 12-month share price target of $3.20. Perhaps this is playing a role too.

Lake Resources N.L. (ASX: LKE)

Another ASX 200 lithium stock in Lake Resources is our next cab off the rank this Thursday. So far, a notable 21.8 million Lake shares have been traded on the markets. We haven’t had any news out of this company during today’s trading session.

So this volume is probably a result of the decisive share price moves we have seen with this lithium stock. Lake Resources shares are presently trading at 77.2 cents each, up a pleasing 4.32% today.

Zip Co Ltd (ASX: ZIP)

Our final and most traded share today is not a lithium stock like the other two. But rather a buy now, pay later (BNPL) share in Zip Co. This Thursday has seen a whopping 54.03 million Zip shares bought and sold on the markets.

This is almost certainly the result of the massive share price moves we have once again seen with the Zip share price. Zip is currently up a jaw-dropping 19.52% at $1.482 a share, putting its gains over the past five trading days at almost 90%. It’s perhaps no wonder so many shares have been traded today.

The post Here are the 3 most traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of July 7 2022

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

ASX 200 midday update: Rio Tinto drops, tech shares jump, Macquarie impresses
Zip share price rockets again and is now up 225% in four weeks
Sandfire share price rallies as miner beats production guidance
ASX 200 shares marching higher on successive US Fed interest rate hike
Broker gives its verdict on the Pilbara Minerals share price

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ZIPCOLTD FPO. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

  • This field is for validation purposes and should be left unchanged.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Rebate Rewards

Level 2 Rebate

Deposit $2,000 and get $200 Rebate
$ 200 Rebate
  • 3 Simple Steps
  • 1. Register Using The Link Below (Promo-Code: WEBREBATE)
  • 2. Deposit $2,000 and place one trade at any non-Austalian market within 30 calendar days
  • 3. Receive Your $200 Rebate
Popular

Level 1 Rebate

Deposit $1,000 and get $100 Rebate
$ 100 Rebate
  • 3 Simple Steps
  • 1. Register Using The Link Below (Promo-Code: WEBREBATE)
  • 2. Deposit $1,000 and place one trade at any non-Austalian market within 30 calendar days
  • 3. Receive Your $100 Rebate

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;

To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.

An active and funded account with a positive trading balance is required to continue to have access to the tools;

Although the tools are available to you, Monex Securities may at it’s discretion disable access to the tools in the future;

Monex Securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

EASY QUALIFICATION & LOW ENTRY
NEW CLIENT REBATE OFFER
EARN UP TO $200 CASH REBATE
Act Fast - Promotion Ends In
Click Here To Get Started
EASY QUALIFICATION & LOW ENTRY
NEW CLIENT REBATE OFFER
EARN UP TO $200 CASH REBATE
Act Fast - Promotion Ends In
Click Here For More Info